Demographics Unravelled : How Demographics Affect and Influence Every Aspect of Economics, Finance and Policy

Cover -- Title Page -- Copyright Page -- About the Author -- Contents -- Untitled -- Acknowledgements -- Selected Abbreviations -- Preface -- Chapter 1 Introduction -- 1.1 Recasting Demographics -- 1.2 Effects and Implications of Demographics -- Chapter 2 Core Data: Past, Present, and Future -- 2.1 Economic History and the History of Global Population Trends -- 2.2 Core Demographic Variables: Data, Analysis, and Some Observations -- 2.2.1 Population Size and Population Growth -- 2.2.2 Ageing Populations -- 2.2.3 Life Expectancy Increases -- 2.2.4 Total Fertility Rates -- 2.2.5 Dependency Ratios -- 2.2.6 Gender Ratios -- 2.2.7 Age Structure and Population Pyramids -- 2.2.8 The Demographic Transition Model -- 2.3 The Role of Migration -- 2.4 Urbanisation -- 2.5 Small Nation-States: Demographics -- 2.6 Changing Longevity-Metrics Need Changing -- 2.7 Changing Social and Individual Behaviour -- 2.8 Multiple Generations -- 2.9 Conclusion -- Chapter 3 Demographics and Macroeconomics -- 3.1 Demographics and Economic Growth -- 3.2 The "Demographic Dividend" and GDP per Capita Growth -- 3.3 Inflation -- 3.4 Debt, Deficits, and Fiscal Sustainability -- 3.5 Demographics, Monetary Policy, and Interest Rates -- 3.6 Demographics and Unemployment -- 3.7 Demographics, Capital Flows, and Current Account -- 3.8 Conclusions -- Chapter 4 Demographics and Asset Prices -- 4.1 Theories of Life-Cycle Consumption, Savings, and the Permanent Income Hypothesis -- 4.1.1 Life-Cycle Consumption Theory -- 4.1.2 Permanent Income Hypothesis -- 4.1.3 Consumption, Savings, and Intertemporal Loans: Pioneer Paul Samuelson -- 4.2 How Demographics Influences Equity Prices and Markets -- 4.3 Will There Be an Asset Market Meltdown When the Baby Boomers Retire? -- 4.4 Demographic Changes and Interest Rates (Bond Yields) -- 4.5 Demographics and Risk Premiums -- 4.6 Asset Holdings and Age.